7 Currents Newport Coast, CA 92657
Crystal Cove NeighborhoodEstimated Value: $4,193,000 - $15,143,110
4
Beds
4.5
Baths
6,300
Sq Ft
$1,643/Sq Ft
Est. Value
Highlights
- Ocean View
- 24-Hour Security
- Heated Spa
- El Morro Elementary School Rated A+
- Home Theater
- Primary Bedroom Suite
About This Home
As of June 2023Experience a harmonious blend of rustic Santa Barbara architecture and bespoke luxury in this highly-sought after single-level Crystal Cove residence, where expansive ocean views and sprawling outdoor spaces create a haven of unparalleled comforts. An open-air entry corridor is buffered from street view by a stone façade and welcomes guests into an estate that spans 6,300 s.f. +/-, and features 4 bedrooms and 5 bathrooms, including a detached guest casita with sitting room. Ornate fountains gently cascade into flowing pools, while a private courtyard offers an outdoor fireplace and the perfect backdrop for intimate gatherings. Towering vaulted ceilings inset with timber beams create a great room that exudes a grand yet cozy atmosphere. Gather around the stone-trimmed fireplace, while taking in spectacular ocean views through French doors that infuse the space with upscale charm. A sweeping archway with groin-vault ceilings connects to a kitchen where bar seating provides a place to unwind. The mosaic tile backsplash and soaring coffered ceiling infuse a sense of vintage glamour, while topline appliances beckon culinary creativity. Timeless terra-cotta floors extend into the dining room, where built-in buffets are recessed into alcoves on either side of a warming fireplace, and French doors open to a loggia that creates the opportunity for al fresco dining. Tucked behind the main kitchen is a second prep kitchen with center island, abundant storage, professional-grade appliances and access to a side courtyard with planted fruit trees. Ever-changing ocean views are framed by bespoke windows in the primary suite, showcasing stunning sunsets, while a generous sitting area and spa-like en-suite bath with dual closets are spaces to relax. Commanding views the Pacific create impressive outdoor spaces that span 21,013 s.f. +/- and evokes the warm appeal of Tuscany vineyards. Landscaping is meticulously maintained and flush with greenery, and is complemented by amenities that include a built-in BBQ, covered loggia, sitting areas and patios, and a large saltwater spa. A 4-car finished garage completes this exemplary offering. Crystal Cove is a community of luxury and style, offering unmatched amenities for swim, fitness, tennis and special events and with easy access to Laguna Beach, Newport Beach, and world-class shopping and dining at the Crystal Cove Promenade and Fashion Island. Don't miss this rare opportunity.
Last Agent to Sell the Property
Pacific Sotheby's Int'l Realty License #01467294 Listed on: 03/16/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $132,867
Year Built
- Built in 2007
Lot Details
- 0.48 Acre Lot
- Landscaped
- Level Lot
- Sprinkler System
- Private Yard
- Lawn
HOA Fees
- $780 Monthly HOA Fees
Parking
- 4 Car Attached Garage
- Parking Available
- Driveway
Property Views
- Ocean
- Coastline
- Catalina
- Panoramic
Home Design
- Spanish Architecture
- Turnkey
- Planned Development
- Slab Foundation
Interior Spaces
- 6,300 Sq Ft Home
- 1-Story Property
- Central Vacuum
- Beamed Ceilings
- High Ceiling
- French Doors
- Family Room with Fireplace
- Great Room
- Family Room Off Kitchen
- Living Room
- Dining Room with Fireplace
- Home Theater
- Home Office
- Tile Flooring
- Laundry Room
Kitchen
- Breakfast Area or Nook
- Open to Family Room
- Breakfast Bar
- Walk-In Pantry
- Gas Oven
- Gas Cooktop
- Microwave
- Freezer
- Dishwasher
- Kitchen Island
- Granite Countertops
- Utility Sink
- Disposal
Bedrooms and Bathrooms
- 4 Main Level Bedrooms
- Primary Bedroom Suite
- Walk-In Closet
- Dressing Area
- Dual Vanity Sinks in Primary Bathroom
- Bathtub
- Separate Shower
Home Security
- Home Security System
- Fire and Smoke Detector
Pool
- Heated Spa
- In Ground Spa
Outdoor Features
- Patio
- Outdoor Fireplace
- Exterior Lighting
- Outdoor Grill
- Rain Gutters
Location
- Suburban Location
Schools
- El Morro Elementary School
- Thurston Middle School
- Laguna Beach High School
Utilities
- Central Heating and Cooling System
- Natural Gas Connected
Listing and Financial Details
- Tax Lot 11
- Tax Tract Number 16482
- Assessor Parcel Number 48910111
- $5,332 per year additional tax assessments
Community Details
Overview
- Crystal Cove Community Asso. Association, Phone Number (949) 376-4551
- Keystone HOA
- Crystal Cove Sea Crest Subdivision
- Maintained Community
- Foothills
Amenities
- Community Barbecue Grill
- Picnic Area
Recreation
- Tennis Courts
- Sport Court
- Community Playground
- Community Pool
- Community Spa
- Park
- Bike Trail
Security
- 24-Hour Security
- Controlled Access
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 16, 2023
Closed on
May 9, 2023
Sold by
Survivors Trust
Bought by
Pauluzzi Family Trust and Pauluzzi
Seller's Agent
John Cain
Pacific Sotheby's Int'l Realty
Buyer's Agent
Melody Smith
Anvil Real Estate
List Price
$13,500,000
Sold Price
$12,000,000
Premium/Discount to List
-$1,500,000
-11.11%
Total Days on Market
35
Views
113
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,651,630
Avg. Annual Appreciation
-7.07%
Original Mortgage
$4,500,000
Outstanding Balance
$4,389,327
Interest Rate
5.38%
Mortgage Type
New Conventional
Estimated Equity
$5,959,043
Purchase Details
Closed on
Apr 24, 2014
Sold by
Perley Howard
Bought by
Perley Howard and Perley Family Trust
Purchase Details
Listed on
Aug 19, 2013
Closed on
Sep 4, 2013
Sold by
Mosen Carl and Mosen Barbara
Bought by
Perley Howard and Perley Family Trust
Seller's Agent
John Cain
Pacific Sotheby's Int'l Realty
Buyer's Agent
John Cain
Pacific Sotheby's Int'l Realty
List Price
$7,895,000
Sold Price
$7,200,000
Premium/Discount to List
-$695,000
-8.8%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.15%
Purchase Details
Closed on
Aug 25, 2010
Sold by
Mosen Carl M and Mosen Barbara J
Bought by
Mosen Carl and Mosen Barbara
Purchase Details
Closed on
May 11, 2007
Sold by
Wl Homes Llc
Bought by
Mosen Carl M and Mosen Barbara
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,000,000
Interest Rate
6.15%
Mortgage Type
Purchase Money Mortgage
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Pauluzzi Family Trust | $12,000,000 | Ticor Title Company | |
| Perley Howard | -- | None Available | |
| Perley Howard | $7,200,000 | First American Title Company | |
| Mosen Carl | -- | None Available | |
| Mosen Carl M | $7,000,000 | Fidelity National Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Pauluzzi Family Trust | $4,500,000 | |
| Previous Owner | Mosen Carl | $4,000,000 | |
| Previous Owner | Mosen Carl M | $4,000,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/05/2023 06/05/23 | Sold | $12,000,000 | -4.0% | $1,905 / Sq Ft |
| 05/02/2023 05/02/23 | Pending | -- | -- | -- |
| 04/17/2023 04/17/23 | Price Changed | $12,500,000 | -7.4% | $1,984 / Sq Ft |
| 03/27/2023 03/27/23 | For Sale | $13,500,000 | +87.5% | $2,143 / Sq Ft |
| 09/30/2013 09/30/13 | Sold | $7,200,000 | -8.8% | $1,143 / Sq Ft |
| 08/30/2013 08/30/13 | Pending | -- | -- | -- |
| 08/19/2013 08/19/13 | For Sale | $7,895,000 | +9.7% | $1,253 / Sq Ft |
| 08/13/2013 08/13/13 | Off Market | $7,200,000 | -- | -- |
| 06/22/2013 06/22/13 | Price Changed | $7,895,000 | -6.0% | $1,253 / Sq Ft |
| 05/01/2013 05/01/13 | For Sale | $8,395,000 | -- | $1,333 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $132,867 | $12,240,000 | $10,169,308 | $2,070,692 |
| 2023 | $41,517 | $3,448,342 | $3,156,937 | $291,405 |
| 2022 | $40,453 | $3,380,728 | $3,095,036 | $285,692 |
| 2021 | $39,823 | $3,314,440 | $3,034,349 | $280,091 |
| 2020 | $39,530 | $3,280,455 | $3,003,235 | $277,220 |
| 2019 | $39,201 | $3,216,133 | $2,944,348 | $271,785 |
| 2018 | $38,501 | $3,153,072 | $2,886,616 | $266,456 |
| 2017 | $38,810 | $3,091,248 | $2,830,016 | $261,232 |
| 2016 | $37,549 | $3,030,636 | $2,774,526 | $256,110 |
| 2015 | $36,650 | $2,985,114 | $2,732,851 | $252,263 |
| 2014 | $80,349 | $7,200,000 | $5,740,635 | $1,459,365 |
Source: Public Records
Agents Affiliated with this Home
-
John Cain
Seller's Agent in 2023
John Cain
Pacific Sothebys
(714) 655-8940
58 in this area
213 Total Sales
-
Melody Smith
Buyer's Agent in 2023
Melody Smith
Anvil Real Estate
(949) 755-6967
1 in this area
135 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC23043384
APN: 489-101-11
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